Birthstone Feature: Rubies Have Been Coveted Since Biblical Times

Since biblical times, ruby has been one of the most revered and coveted gemstones on Earth. According to the Book of Exodus, July's official birthstone was one of the 12 gem varieties affixed to the Priestly Breastplate worn by Aaron (1396 BC – 1273 BC), elder brother of Moses. Each gem represented one of the 12 tribes of Israel. In …

Let’s Take a Deep Dive Into the Optical Phenomenon Called ‘Chatoyancy’

This 58.19-carat, honey-colored "Maharani Cat’s Eye" displays one of the world's finest examples of an optical phenomenon called "chatoyancy" — or the cat's eye effect. A chatoyant gem presents a single band of reflected light that seems to move just beneath the surface of the stone, and the effect looks very much like the vertical-slit pupils of a cat's eye. …

5.09-Carat Paraiba Tourmaline Stars at Bonhams’ Hong Kong Auction

An impossibly rare 5.09-carat electric blue Paraiba tourmaline fetched $377,650 at Bonhams' Jewels and Jadeite auction in Hong Kong last night. The modified shield brilliant-cut gem was the most anticipated lot of the event because a stone of this color, size, quality and origin is a unicorn in the world of colored gemstones. Faceted specimens larger than a few carats …

Lesotho’s Prolific Letšeng Mine Delivers 245-Carat Gem-Quality Diamond

Two miles above sea level in the rarefied air of the tiny, landlocked Kingdom of Lesotho, twin diamond mines are churning out some of the largest and highest-value diamonds in the world. Continuing a run of impressive discoveries, Gem Diamonds announced that it had recovered an exceptional 245-carat white Type II diamond from its Letšeng mine. The mining company's newsworthy …

Bedazzled Basketball Becomes Unofficial Mascot of NBA’s Diamond Anniversary

Exactly a week after the Golden State Warriors put an exclamation point on the NBA’s 75th Anniversary season by defeating the Boston Celtics in the Finals, the basketball association's senior director of social media, Ashley Atwell, revealed the backstory of how a bedazzled basketball became the unofficial mascot for NBA 75. It all started with a fresh take on the …

Exceptional Pair of Mozambican Rubies Headlines Gemfields’ Auction

An exceptional pair of Mozambican rubies — one weighing 32.5 carats and the other 29 carats — headlined Gemfields' most recent series of ruby auctions in Bangkok. Each ruby is expected to surpass 10 carats when cut and polished. Exhibiting a vivid red hue and remarkable crystalline luster, the featured rubies represent the finest production from Montepuez, the most prolific …

Finals MVP Steph Curry Breaks Out His Championship Jewelry for Warriors’ Parade

Flaunting a gold chain strung with three NBA championship rings, Finals MVP Steph Curry and the rest of the Golden State Warriors paraded up Market Street in San Francisco on Monday afternoon to celebrate their six-game victory over the Boston Celtics and their fourth Larry O’Brien Trophy in eight years. When questioned about his jewelry during NBC’s coverage of the …

Journalist’s Nobel Medal Nets $103.5MM at Auction to Benefit Ukrainian Refugees

Russian journalist Dmitri Muratov put his 18-karat gold Nobel medal on the auction block last night, with the proceeds benefiting children who have been displaced by the war in Ukraine. Nobel medals rarely come to auction, and until last night the highest price ever paid for one was $4.76 million. Now the record is $103.5 million. Muratov, the editor-in-chief of …

Diamond-Shaped Cafe Floats Like a Pendant 280 Meters Above Dashbashi Canyon

In an effort to draw hundreds of thousands of adventure tourists each year to its stunning Tsalka Nature Reserve, the country of Georgia has just unveiled a first-of-its-kind "Diamond Bridge" featuring a multi-level diamond-shaped cafe that seems to float like a pendant 280 meters above the Dashbashi Canyon. The cafe is believed to be the largest and tallest hanging structure …